Reported 28 days ago
The European Union has introduced increased tariffs on Chinese-manufactured electric vehicles, reaching up to 45.3%, following a controversial trade investigation. This move comes as China expresses disapproval and retaliates with probes into EU products, raising concerns about an escalating trade conflict. While some EU nations support these tariffs, others, including Germany, are advocating for diplomatic negotiations to resolve trade tensions while protecting their industries.
Source: YAHOO